Jack Salmon: How High Taxes Are Driving Wealth Out of Blue States

Jack Salmon, a Gibbs Scholar and research fellow at the Mercatus Center at George Mason University, joins the Prairie State Wire Podcast to examine how aggressive tax policies in states like California, Washington, and New York are contributing to an exodus of high earners and shrinking tax bases. Salmon focuses on federal fiscal policy, including spending, deficits, debt, and taxation, and explains how state-level tax increases on high earners can lead to unintended consequences. He outlines how capital gains and wealth tax proposals may drive billions in potential revenue out of states as residents relocate to lower-tax jurisdictions like Florida and Texas, and discusses the broader economic implications for long-term state revenues and fiscal stability.  Become a supporter of this podcast: https://www.spreaker.com/podcast/heartland-newsfeed-podcast-network--6051130/support.